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What delineates the functions of state-level agencies?
Life Insurance Policy
A contract between an individual and an insurance company, where the insurer pays a designated beneficiary a sum of money upon the death of the insured person.
Beneficiary
A person or entity entitled to receive benefits from a will, trust, insurance policy, or other legal agreements.
Divorced
The legal dissolution of a marriage by a court or other competent body.
Proceeds
The total amount of money received from a sale or transaction.
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